Sanshin Electronics (8150) · RiskMitigated
Interest rate risk from floating-rate borrowings
First written in FY2018. 8 of 22 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2026.
22entries
9years
0from disclosures
How it moved
Same theme, other companies
Interest-rate risk on borrowingsA theme 316 companies write about · 316 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2025: 31 of 96 companies on the "Worse" side.
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 200 companies compared. The sentences above are computed from all 200.Comparing 200 of the theme's 316 threads.Full recordFilings, disclosures and news, newest first
- FY2026MitigatedAnnual report
「Interest expense 604 476」
Consolidated interest expense decreased from ¥604 million in the previous fiscal year to ¥476 million, reducing the impact of interest-rate risk associated with lower borrowings on current-period earnings. The policy of managing variable-rate borrowings and staggering repayment dates remains in place. - FY2025-H1MitigatedAnnual report
「Interest expense 531 314」
Interest expense for the current interim consolidated accounting period was ¥314 million, down from ¥531 million in the same period of the previous year. Although the disclosure does not state that interest-rate risk itself from variable-rate borrowings has been eliminated, its impact on earnings during the period has decreased. - FY2024WorsenedAnnual report
「Interest expense 753 963」
Interest expense for the current fiscal year was ¥963 million, up from ¥753 million in the previous fiscal year. The average interest rate on borrowings was 2.13%, and the impact of borrowings and higher interest rates on full-year earnings has increased. - FY2024-Q3WorsenedAnnual report
「Interest expense 488 804」
Interest expense for the cumulative third quarter of the current consolidated fiscal year was ¥804 million, a substantial increase from ¥488 million in the same period of the previous year. The impact of interest-rate risk associated with variable-rate borrowings and other factors on earnings has increased. - FY2024-Q2WorsenedAnnual report
「Non-operating expenses Interest expense 208 531」
Interest expense for the cumulative second quarter of the current consolidated fiscal year was ¥531 million, a substantial increase from ¥208 million in the same period of the previous year. The impact of interest-rate risk associated with variable-rate borrowings and other factors on earnings has increased. - FY2024-Q1WorsenedAnnual report
「Interest expense 58 252」
Interest expense for the cumulative first quarter of the current fiscal year was ¥252 million, a substantial increase from ¥58 million in the same period of the previous year. The impact of interest-rate risk associated with variable-rate borrowings and other factors on earnings has increased. - FY2023-Q3WorsenedAnnual report
「Interest expense 81 488」
Interest expense for the cumulative third quarter of the current consolidated fiscal year was ¥488 million, a substantial increase from ¥81 million in the same period of the previous year. The impact of interest-rate risk associated with variable-rate borrowings and other factors on earnings has increased. - FY2023-Q2WorsenedAnnual report
「Interest expense 52 208」
Interest expense for the cumulative second quarter of the current consolidated fiscal year was ¥208 million, up from ¥52 million in the same period of the previous year. The impact of interest-rate movements on earnings has increased. - FY2023-Q1WorsenedAnnual report
「Interest expense 25 58」
Interest expense increased from ¥25 million in the same period of the previous year to ¥58 million, and the impact of interest-rate movements on earnings has increased. - FY2022-Q3WorsenedAnnual report
「Interest expense 61 81」
Interest expense increased from ¥61 million in the cumulative period of the previous year to ¥81 million, increasing the impact of interest-rate movements on earnings. - FY2022-Q2MaterialisedAnnual report
「Interest expense 37 52」
Interest expense for the cumulative second quarter of the current consolidated fiscal year was ¥52 million, up from ¥37 million in the same period of the previous year. The impact on profit and loss associated with interest rate fluctuation risk continued to appear in the results. - FY2022-Q1Modest increase in interest expenseAnnual report
「Interest expense 19 25」
Interest expense for the first quarter was ¥25 million, up from ¥19 million in the same period of the previous year. The impact on profit and loss of interest rate fluctuation risk associated with variable-rate borrowings and other factors was modest but evident. - FY2021-Q3MitigatedAnnual report
「Interest expense 228 61」
Interest expense decreased from ¥228 million in the same period of the previous year to ¥61 million for the cumulative third quarter of the current fiscal year. Although no elimination of interest rate fluctuation risk itself was indicated, its impact on profit and loss during the period was smaller. - FY2021-Q1MitigatedAnnual report
「Interest expense 89 19」
Interest expense for the first quarter was ¥19 million, down from ¥89 million in the same period of the previous year. This does not indicate that the interest rate fluctuation risk associated with variable-rate borrowings has been eliminated, but its impact on profit and loss during the period was smaller. - FY2020MitigatedAnnual report
「Interest expense included in non-operating expenses for the current consolidated fiscal year was ¥268 million, down from ¥410 million in the previous consolidated fiscal year.」
Interest expense decreased from ¥410 million to ¥268 million as borrowings were reduced, narrowing the impact of higher interest rates on profit and loss compared with the previous fiscal year. The risk associated with variable-rate borrowings and the policy of managing it by staggering repayment dates continued. - FY2020-Q3MitigatedAnnual report
「Interest expense 260 228」
Interest expense for the cumulative third quarter was ¥228 million, down from ¥260 million in the same period of the previous year. Although no elimination of interest rate fluctuation risk itself was disclosed, its impact on profit and loss during the period was smaller than in the same period of the previous year. - FY2020-Q2MaterialisedAnnual report
「Interest expense 143 161」
Interest expense for the cumulative second quarter of the current consolidated fiscal year was ¥161 million, up from ¥143 million in the same period of the previous year. The impact on profit and loss of higher interest rates associated with variable-rate borrowings and other factors continued. - FY2020-Q1MaterialisedAnnual report
「Interest expense 67 89」
Interest expense increased from ¥67 million in the same period of the previous year to ¥89 million. The impact on profit and loss of higher interest rates associated with variable-rate borrowings and other factors has also appeared in the figures for the quarter. - FY2019MaterialisedAnnual report
「Borrowings at variable interest rates are exposed to interest rate fluctuation risk, but the group manages repayment dates on a staggered basis so that it can repay borrowings flexibly when it has surplus funds.」
While the policy of managing variable-rate borrowings continued, interest expense increased from ¥237 million in the previous fiscal year to ¥410 million, and the impact of higher interest rates on profit and loss materialized for the full fiscal year. - FY2019-Q2MaterialisedAnnual report
「In terms of profit and loss, although the company worked to improve its gross profit margin and reduce selling, general and administrative expenses, these efforts did not offset the impact of lower net sales, and interest expense also increased as a result of higher interest rates overseas」
The increase in interest expense associated with higher interest rates overseas continued, with interest expense increasing from ¥94 million in the cumulative same period of the previous year to ¥143 million. The impact on profit and loss of interest rate fluctuation risk associated with variable-rate borrowings has materialized in the results. - FY2019-Q1MaterialisedAnnual report
「In terms of profit and loss, the decline in net sales could not be offset by an improvement in the gross profit margin or by controlling selling, general and administrative expenses, and there was also an increase in interest expense due to higher interest rates overseas」
The increase in interest expense due to higher interest rates overseas materialized, with interest expense on the consolidated income statement increasing from ¥40 million in the same period of the previous year to ¥67 million. - FY2018First statedAnnual report
「Borrowings at variable interest rates are exposed to interest rate fluctuation risk, but the group manages repayment dates on a staggered basis so that it can repay borrowings flexibly when it has surplus funds.」
The company identified interest rate fluctuation risk associated with variable-rate borrowings and presented a policy of managing it by staggering repayment dates.